Is Employers Holdings, Inc. overvalued or undervalued?

As of 20 February 2025, the valuation grade for Employers Holdings, Inc. has moved from very attractive to fair, indicating a shift in perceived value. The company is currently fairly valued, with a P/E ratio of 25, a price-to-book value of 2.38, and an EV to EBITDA ratio of 149.31. Compared to peers, Palomar Holdings, Inc. is considered expensive with a P/E of 31.95, while Kemper Corp. is attractive at a P/E of 10.70.
In terms of performance, Employers Holdings, Inc. has shown a 1-year return of 13.12%, outpacing the S&P 500's return of 10.26% during the same period. However, its year-to-date performance is lagging, with a decline of 7.11% compared to the S&P 500's gain of 2.44%. Overall, the company appears to be fairly valued in the current market environment.